Unsecured Loan without Guaranty - Payable on Demand

A Loan Agreement defines the terms and conditions under which a lender advances funds to a borrower. This Loan Agreement for an unsecured loan without guaranty is payable on demand. Upon demand by lender the borrower is given a certain period of time to repay the outstanding balance of the loan agreement. Having a written Loan Agreement – Unsecured Loan without Guaranty Payable on Demand will prove valuable in the event of disagreements or misunderstandings. (continued ...)